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TSX Delisting Review – Chalice Gold Mines Limited (CXN)

December 13, 2016

DELISTING REVIEW Chalice Gold Mines Limited (the "Company") – Further to TSX Bulletin 2016-1107 dated November 10, 2016, TSX has completed its review of the ordinary shares (Symbol: CXN) of the Company and has determined that it meets TSX's applicable requirements for continued listing.

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TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.